Actuarial Manager
3 weeks ago
JOB DETAILS
PRICING ACTUARY L&H India
Position Pricing Actuary
Level Assistant Vice President
Location Mumbai
Reporting to Head of L&H Pricing, India
Objective of Role
The role will be part of the L&H India pricing team taking responsibility for product development and pricing of new Life & Health business to help the region achieve its ambitious growth plans. We aim to do this through better client experience; cutting-edge, better-informed pricing; and supporting development of innovative products for clients in the region.
We are a team of 5 members in India, with support from the regional hub. The role involves supporting development of new products and the pricing of the business written in accordance to our technical guidelines.
Major Responsibilities
1. New Business Quotes and Tenders
- Lead and support the pricing and modelling of new business; this includes the review on quotes prepared by other team members and authority to sign-off
- Identify and understand clients needs and concerns
- Collaborate with a cross-functional team of experts from client markets, underwriting and claims towards assessing the risks associated with a particular opportunity
1. Costing Methodology and Guidelines
- Review pricing guidelines and ensure their correct application
- Able to challenge status-quo and look to simplify and improve existing practices
- Keep up to date with market, regulatory and competitive trends
- Work with Experience Studies team to gain insight into claims and lapse experience
- Ensure pricing guidelines are kept up-to-date via research and experience studies
1. Strategy, Product Development and Brand Presence
- Contribute to technical, research and project management input for product development initiatives
- Provide strategic inputs in the running of the Swiss Re business in India including implications of regulations, market and industry developments
1. Leadership
- Support development of the team on technical knowledge and business acumen
- Lead and contribute to regional projects
Qualifications & Requirements
- Qualified or close to qualified actuary (under a recognized actuarial body - SOA/CAS/IFOA/IAI/FOA/FIA) with a Bachelor degree in Actuarial Science, Mathematics, Statistics, Economics or equivalent
- Insurance or reinsurance working experience (including consulting); pricing experience, particularly in India and / or across the South East Asian markets is strongly desirable
- Commercial and technical skills in Life & Health product design and pricing
- Demonstrate maturity and flexibility at managing both internal and external stakeholders
- Experience at using and developing pricing tools, is a plus
- Excellent verbal and written communication skills in English
-
Senior Actuary
4 days ago
Mumbai, Maharashtra, India UpMan Placements Full timeJob DescriptionWe are seeking a highly skilled Senior Actuary to join our team at UpMan Placements. As a Senior Actuary, you will be responsible for leading actuarial valuations, financial reporting, and other critical tasks that ensure the accuracy and compliance of our insurance products.Main Responsibilities:Leading actuarial valuations for various...
-
Actuarial Professional
3 days ago
Mumbai, Maharashtra, India Kotak Life Insurance Full time**About the Role**Kotak Life Insurance is seeking a skilled Actuarial Professional to join our team. As an actuary, you will play a vital role in evaluating the mortality experience for both individual and group business.The ideal candidate will have 5-6 years of experience in the actuarial team of a life insurer and successful completion of 7-11 actuarial...
-
Senior Actuarial Risk Manager
5 days ago
Mumbai, Maharashtra, India UpMan Placements Full timeCompany OverviewAt UpMan Placements, we are committed to delivering innovative actuarial solutions that drive business growth and risk management.About the RoleWe seek an experienced Senior Actuarial Risk Manager to join our team. As a key member of our actuarial department, you will be responsible for performing complex actuarial valuations and risk...
-
Actuarial Analytics
4 weeks ago
Mumbai, Maharashtra, India Aon Full timeJob DescriptionThe Company OverviewOur 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.Aon India Insurance Brokers Private Limited, licensed since 2017, is a composite insurance broker delivering insurance and reinsurance broking services...
-
Actuarial Analyst
4 weeks ago
Mumbai, Maharashtra, India Munich Re Full timeWe are looking for an energetic and self-motivated actuarial student who will support the Head of Pricing in production of reinsurance quotes, pricing reports, reinsurance treaties for the South Asian market (India, Sri Lanka, Bangladesh) Your Role: Key Responsibilities Perform detailed actuarial analysis to price and monitor current Group Life...
-
Actuarial Valuations Specialist
4 days ago
Mumbai, Maharashtra, India UpMan Placements Full timeAbout the RoleThis Senior Actuary position at UpMan Placements is focused on leading actuarial valuations, financial reporting, and other critical tasks that ensure the accuracy and compliance of our insurance products.Responsibilities Include:Applying actuarial techniques to value insurance products, ensuring adherence to regulatory requirements and company...
-
Chief Actuarial Officer
4 days ago
Mumbai, Maharashtra, India UpMan Placements Full timeJob OverviewUpMan Placements seeks an experienced Senior Actuary to lead actuarial valuations, financial reporting, model development, risk analysis, regulatory compliance, collaboration, data analysis, and project support.Key Responsibilities:Perform actuarial valuations for various insurance products, adhering to regulatory requirements and company...
-
Lead Actuary Valuation
5 days ago
Mumbai, Maharashtra, India UpMan Placements Full timeLead Actuarial Valuations:Perform actuarial valuations for a variety of insurance products, including life, health, pension, and general insurance, in accordance with regulatory requirements and company standards.Financial Reporting:Prepare and review financial statements related to reserves, liabilities, and capital, ensuring accuracy and compliance with...
-
Lead Actuary Valuation
4 days ago
Mumbai, Maharashtra, India UpMan Placements Full timeLead Actuarial Valuations: Perform actuarial valuations for a variety of insurance products, including life, health, pension, and general insurance. This involves applying regulatory requirements and company standards to ensure accurate and compliant valuations.Financial Reporting: Preparation and review of financial statements related to reserves,...
-
Actuarial Analyst
4 weeks ago
Mumbai, Maharashtra, India Munich Re Full timeYour Role: 1. Assist in the performing experience analysis of Individual and Group business for clients and internal consumption Perform Experience Studies and analysis of client and reinsurer data in line with MR best practices and standards Preparation of Experience Analysis reports for consumption at a unit-level and region-level Monitoring of...
-
Pricing Actuary
4 weeks ago
Mumbai, Maharashtra, India SCOR Full timeJob SummaryThis role will work closely with primary insurers to understand and assist in the appropriate pricing of their reinsurance arrangements. The role is to ensure that we build a sustainable, profitable portfolio of Life & Health business by bringing SCOR's global expertise to the Indian market. This will include working with Pricing...
-
Actuarial Analyst
5 days ago
Mumbai, Maharashtra, India Bharti AXA Life Insurance Full timeAbout the job Company Description: Bharti AXA Life Insurance is a leading life insurance provider in India, offering value-for-money life insurance and savings solutions. Established in 2006, we are a wholly owned subsidiary of Bharti Life Ventures Private Limited, a prominent business group in India. With over 200 branches across India, we ensure...
-
Actuarial Analyst – Life
22 hours ago
Mumbai, Maharashtra, India Oliver Wyman Full timeAbout the CompanyOliver Wyman – Actuarial Analyst – LifeCompany OverviewThe Actuarial Consulting Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. We are a rapidly growing practice with offices across the globe. Our actuaries hold the highest professional qualifications and are nationally recognized as experts in...
-
Actuarial Expert
2 days ago
Mumbai, Maharashtra, India Bharti AXA Life Insurance Full timeKey Responsibilities:Contribute to the development and reporting of ALM metrics, which are critical for informed decision-making.Test and validate Prophet models to ensure they meet the required standards.Stay updated on regulatory requirements and ensure RBC compliance.Support the creation of Risk Management decks, highlighting key insights and...
-
Actuarial Analyst
5 days ago
Mumbai, Maharashtra, India Bharti AXA Life Insurance Full timeCompany Description:Bharti AXA Life Insurance is a leading life insurance provider in India, offering value-for-money life insurance and savings solutions. Established in 2006, we are a wholly owned subsidiary of Bharti Life Ventures Private Limited, a prominent business group in India. With over 200 branches across India, we ensure accessibility and...
-
Radar Modeling + Actuary
4 weeks ago
Mumbai, Maharashtra, India myGwork Full timeThis job is with WTW, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly. Description Responsibilities: Build and maintain new and existing Radar pricing models. Maintain pricing tools for account pricing and portfolio steering. Participate in...
-
Actuarial Analyst Position
5 days ago
Mumbai, Maharashtra, India Bharti AXA Life Insurance Full timeCompany OverviewBharti AXA Life Insurance is a leading life insurance provider in India, offering innovative solutions for individuals and businesses. With over 200 branches across the country, we ensure accessibility and convenience for our customers.Assistant Manager RoleWe are seeking an experienced Assistant Manager to join our team in Mumbai. The...
-
Director - Reinsurance Actuaries
5 days ago
Mumbai, Maharashtra, India Marsh McLennan Full timeCompany Guy CarpenterDescription We are seeking a talented individual to join our Knowledge Services team at Guy Carpenter This role will be based in Mumbai This is a hybrid role that has a requirement of working at least three days a week in the office Director - Reinsurance ActuariesThis position will lead the actuarial team in Knowledge Services...
-
Mumbai, Maharashtra, India MMC Full timeWe are looking for a talented and dynamic individual to join our Risk Consulting team at Knowledge Services.- This role is based in Mumbai.- This is a hybrid role that has a requirement of working at least three days a week in the office.- The Emerging Risks Group (ERG) is one of the fastest growing verticals under the Strategic Risk Consulting arm of Marsh...
-
Mumbai, Maharashtra, India MMC Full timeWe are looking for a talented and dynamic individual to join our Risk Consulting team at Knowledge Services.- This role is based in Mumbai.- This is a hybrid role that has a requirement of working at least three days a week in the office.- The Emerging Risks Group (ERG) is one of the fastest growing verticals under the Strategic Risk Consulting arm of Marsh...